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Centre invites EoIs for 26% stake sale in BEML

Centre invites EoIs for 26% stake sale in BEML

03-01-2021 comments

New Delhi (IANS) The government has invited expressions of interest (EoI) for the strategic sale of 26 per cent stake in BEML.

BEML is a 'Miniratna' Category-1 Public Sector Undertaking, under the administrative control of Ministry…

India's Dec merchandise exports slips by 0.80% YoY

India's Dec merchandise exports slips by 0.80% YoY

02-01-2021 comments

New Delhi (IANS) Lockdown measures in some of the key export markets subdued India's merchandise exports in December 2020, preliminary data showed on Saturday.

Accordingly, the country's merchandise exports during the month under review…

RInfra completes 100% stake sale of its Delhi-Agra toll road

RInfra completes 100% stake sale of its Delhi-Agra toll road

01-01-2021 comments

New Delhi/Mumbai (IANS) Reliance Infrastructure Limited (RInfra) announce the successful completion of the sale of its 100 per cent stake in Delhi-Agra (DA) Toll Road to Cube Highways and Infrastructure III Pte Ltd for an enterprise value over Rs…

Equity market starts 2021 on positive note, Nifty above 14,000

Equity market starts 2021 on positive note, Nifty above 14,000

01-01-2021 comments

Mumbai (IANS) The Indian stock market opened on a positive note on the first day of 2021 with the BSE Sensex gaining over 150 points, and the Nifty50 on the National Stock Exchange trading above the psychological mark of 14,000 points.

Nifty…

ICEA urges for GST and import duty cuts, PLI for laptops

ICEA urges for GST and import duty cuts, PLI for laptops

31-12-2020 comments

New Delhi (IANS) The India Cellular and Electronics Association (ICEA) has urged the central government to reduce import duty and Goods and Services Tax (GST) on mobile phones.

In its recommendations for the upcoming Union Budget, the industry…

Nifty hits 14,000 for the first time, Sensex touches new high

Nifty hits 14,000 for the first time, Sensex touches new high

31-12-2020 comments

Mumbai (IANS) The Nifty50 on the National Stock Exchange (NSE) has crossed the 14,000 mark for the first time ever.

It touched an all-time high of 14,010.15 points amid a largely subdued trade.

The indices traded on a flat-to-positive…

All domestic calls from Jio to be free from Jan 1

All domestic calls from Jio to be free from Jan 1

31-12-2020 comments

New Delhi (IANS) Reliance Jio Infocomm has announced that it will make all domestic calls free starting January 1, as interconnect usage charges (IUC) for all domestic voice calls comes to an end.

A Jio statement noted that as per the directions…

Sensex pares gains after touching fresh record high

Sensex pares gains after touching fresh record high

30-12-2020 comments

Mumbai (IANS) The key Indian equity indices traded on a flat-to-negative note on Wednesday morning after opening in the green.

The BSE Sensex touched an all-time high of 47,807.85 points during the initial trade before shedding the initial…

RIL-BP invite bids for KG D6 deep water gas

RIL-BP invite bids for KG D6 deep water gas

30-12-2020 comments

New Delhi (IANS) Reliance Industries Limited (RIL) and BP Exploration Alpha Limited (BPEAL) have invited bids through an online platform companies for the gas produced from the KG D6 basin in Kakinanda.

In a public notice, RIL and BP while…

Sensex, Nifty hit fresh highs as rally continues

Sensex, Nifty hit fresh highs as rally continues

29-12-2020 comments

Mumbai (IANS) The key Indian equity indices continued its rally on Tuesday with the BSE Sensex and the Nifty50 hitting fresh record high levels.

Sensex hit a fresh high of 47,710.38, and the Nifty50 touched an all-time high of 13,967.60 points.

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